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and what's happening here? >> an announcement has been confirmed from the vatican. pope benedict is due to resign on february 28th. apparently he spoke in latin this morning and announced this move. we don't yet know why. there have been a number of stories surrounding it. he is going to resign. the vatican spokesman has confirmed that in the last five minutes or so. february the 28th is going to be the date. now, i have just been doing some digging. the last time a pope resigned might have been way back in 1415. clearly, unprecedented in modern times and we'll have to wait and see what the reasons will be given. there is going to be a press conference at 11:30 g. so, in other words, 27 memberships from now there will be a press conference from the vatican to outline exactly what's going to happen and maybe the biggest question to be answered is why is the pope going to stand down? and if he does, how will they choose the replacement and in what types of time scale? interesting, of course, is the timing of this is before easter, but it's just a few days after the italian election webs w
benedict's announcement that he will step down at the end of the month citing his advanced age. he's the first pope to resign in almost six centuries. >>> dell defends the buyout in an s.e.c. filing. they said the deal spearheaded by michael dell and private equity firm silver lake partners offers the best value for shareholders. three more of dell's largest investors are joining southeastern asset management. they believe the deal undervalues the company. david, we had this discussion on day one. it's been a while since it's seen $20. but it seems that's what they want. >> the buy outprice could make you to hope in some way you can at least get back to even. >> always bit a risk when you do a deal. even as it may be for a company that is facing challenging times, that is below the 52-week high. we knew it would likely be at that level. my reporting, and experience on these matters, would indicate really best to see and wait. let's see what happens over the next four, five, even six months before this deal closes. if the s&p were to rise significantly, it might perhaps make those w
square at the vatican today for pope benedict xvi's final audience. the pontiff talked about his decision to advocate. >> the vatican is rolling the dice on a new pope so to speak. look at moves on boyd, caesar's, las vegas sands and mgm resorts. all significant movers today. new jersey becoming the third state now to legalize on-line gambling behind nevada and delaware. garden state's governor, chris christie. i'm the only man who can block chris christie, frankly. he assigned a bill on tuesday that will include his demands for a ten-year trial period of internet gambling and raising taxes on atlantic city casinos internet winnings to 15%. christie saying, this was a critical decision and one i did not make lightly. gamblers would have to set up on-line accounts with a particular casino. the state division of gaming enforcement will improve final rules and choose a start date later this year. sue? >> ty, julia boorstin is live in l.a. with details on how the new law in new jersey will impact zynga. julia? >> it could be a game changer for zynga as it struggles to have social and mobile g
Search Results 0 to 2 of about 3

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